Property investors who have had real estate in Moree, 2400 should be unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -12.96%
Taking the average capital gain, or increase in median house value, Moree,2400 has racked up an average of -12.96% over the period. This ranks it number 3703th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Moree should be aiming for at least -10.27% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Moree the average time real estate has been on the market is 118.36 days.
Moree, 2400’s gross rental yield is 6.29%
At number 4th in the list of Australian suburbs ordered by increase in median house value over the last year, Moree, 2400 is in the top 10% with a property value increase of 43.44% recorded in median house prices.